July 2012 – B.C. struggles to develop a healthy venture capital ecosystem.
A proprietary wristwatch branded the Basis Band combines a new heart rate monitor that doesn’t require a chest strap with a skin-temperature sensor and a sweat sensor to constantly monitor its wearer’s physical state. Vancouver entrepreneur Nadeem Kassam, who developed the watch starting with a patent he bought in 2004, thinks the data the Basis delivers is just the beginning. He wants to build a software package that analyzes everything from the quality of your sleep to the intensity of your exercise, complete with gaming-inspired mechanics that provide feedback and incentives.
via Sizing Up Vancouver Venture Capital | BC Angel Investing | BCBusiness.
Earlier related: Nadeem Kassam’s start-up company tests heart-monitor watch